A report from the San Francisco Chronicle in California. "In a historic trophy building overlooking breathtaking San Francisco views, 1360 Montgomery, Unit 12, is a penthouse condo for sale perched on Telegraph Hill. After a long stint on the market,…
It's Friday desk clearing time for this blogger. "Home prices continue to go down in the Boise area. The Intermountain Multiple Listing Service shows the median price of a newly constructed single-family home in Ada County dropped in March to…
A report from the Telegraph. "Brad Pitt is one of a number of wealthy Californians offloading property in LA in an apparent effort to save millions of dollars in tax. The rush of properties coming to market, and the tax,…
A report from CBS News. "The following is a transcript of an interview with JPMorgan Chase CEO Jamie Dimon that aired Sunday, Dec. 11, 2022. MARGARET BRENNAN: But in this moment we're in right now - you have mortgage rates…
It's Friday desk clearing time for this blogger. "Freddie Mac's weekly mortgage rate survey rate is standby for multiple news organizations to print their once-a-week mortgage rate color. The bigger problem is that Freddie's survey headline often gives the wrong…
A weekend topic starting with Bloomberg. "Disgruntled China Evergrande Group customers staged a protest in Guangzhou demanding that the cash-strapped developer restart stalled construction work and urging the local government to intervene. More than 100 home buyers in white T-shirts…
It's Friday desk clearing time for this blogger. "Kootenai County's housing trend has become a looming menace in the area, but Jennifer Smock of Windermere/Coeur d'Alene Realty, Inc. believes that it is not a bubble waiting to pop. A sign…
A report from CBC News in Canada. "There is nothing so bad that it does not end up helping someone is the old saying, and while the COVID-19 outbreak is bad for pretty well everyone, long-suffering renters may finally get…
It's Friday desk clearing time for this blogger. "Nonbank financial firms spent years lobbying against tougher regulation and stricter capital requirements, arguing that their emerging dominance in mortgage lending didn’t pose a risk to the financial system. Now, many of…
A report from CTV News in Canada. "Still out of reach for most Canadians, high-end houses and apartments in both Western Canadian cities saw drops in their median prices over a recent 12-month period, according to Royal LePage. 'The last…